{"id":25516,"date":"2026-03-23T12:01:04","date_gmt":"2026-03-23T16:01:04","guid":{"rendered":"https:\/\/share.ca\/?p=25516"},"modified":"2026-03-23T12:15:04","modified_gmt":"2026-03-23T16:15:04","slug":"share-and-investors-continue-to-urge-votes-against-starbucks-directors","status":"publish","type":"post","link":"https:\/\/share.ca\/blog\/share-and-investors-continue-to-urge-votes-against-starbucks-directors\/","title":{"rendered":"SHARE and investors urge votes against Starbucks directors"},"content":{"rendered":"\n\n<div id=\"anvil-wyswyg-block_3b2539ac32536aaf5e4fbb434c406a92\" class=\" anvil-wyswyg\">\n\n    <div class=\"row row-center\">\n    <div class=\"columns-8 content-container\">\n        \n        <div class=\"contents\">\n             <p>On February 18, 2026, SHARE and investors<i>\u00a0<\/i><a href=\"https:\/\/share.ca\/blog\/starbucks-investors-urge-shareholders-to-vote-no-on-board-director-nominees-due-to-failed-labor-relations-oversight\/\">wrote to Starbucks Corporation<\/a> (SBUX) urging shareholders to <span style=\"text-decoration: underline;\">vote against the re-election of directors J\u00f8rgen Vig Knudstorp and Beth Ford at the Company\u2019s annual meeting on March 25<\/span>, due to sustained oversight failures related to labour relations.<\/p>\n<p>Since then, it was reported that Starbucks Workers United (\u201cSBWU\u201d) made a <a id=\"menur3je\" class=\"fui-Link ___1q1shib f2hkw1w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1s184ao f1mk8lai fnbmjn9 f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn\" title=\"https:\/\/www.cnbc.com\/2026\/03\/13\/starbucks-workers-united-union-contract-proposal.html\" href=\"https:\/\/www.cnbc.com\/2026\/03\/13\/starbucks-workers-united-union-contract-proposal.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Link new proposal\">new proposal<\/a> to Starbucks sometime in February. On March 13, 2026, Starbucks disclosed that it offered a <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0000829224\/000082922426000023\/sbux-20260313.htm\">resumption of bargaining<\/a> on March 30th, and shortly after, on March 19, investors and SHARE met with the Company to share our perspective.<\/p>\n<p>We remain concerned about the Company&#8217;s current labour relations commitments, as our fundamental points have still not been addressed. It continues to be clear that the Board is not providing adequate oversight of these issues. While we welcome the Company\u2019s willingness to re-enter the negotiating room with SBWU, we believe that this step alone does not address the lack of board oversight on labor issues. Accordingly, we still believe that votes against directors Knudstorp and Ford are warranted.<\/p>\n            \n                <div class=\"cta-container\">\n                                            <a class=\" read-more\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/829224\/000121465926003618\/b320262px14a6g.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Letter to Shareholders<i class=\"fal fa-external-link-alt\"><\/i><\/a>                                    <\/div>\n\n                    <\/div>\n\n    <\/div>\n    <\/div>\n    <style>\n        #anvil-wyswyg-block_3b2539ac32536aaf5e4fbb434c406a92 {\n            color:#212121;\n            background: ;\n            padding-top: 20px;\n            padding-bottom: 20px;\n        }\n         #anvil-wyswyg-block_3b2539ac32536aaf5e4fbb434c406a92 .row  {\n            justify-content:center;\n        }\n    <\/style>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":8,"featured_media":25517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"inline_featured_image":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[50,46],"tags":[660,650,647,505],"class_list":["post-25516","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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